...and I really do like the concept of the G1X M2, but the fact that its only 12.8 mega pixels in my opinion really lowers its potential... know the megapixel police will be cursing me, but I think 14-16 would have been excellent. I have my Ricoh GR at 16 and it is nice to be able to crop to zoom. This where I think many buyers looking for high quality in their pocket will be more likely to choose the Sony RX100 or RX100II.

I don't think you understand how megapixels work. If there was a way to do it, I'd bet you $100 that the G1X M2 will consistently the same or better real, actual details and resolution than the Sony.

On the other reasons, like size, weight, etc - well those are good reasons. But 12.8 megapixels on a larger sensor vs 20mp on a smaller sensor? The 12.8 is going to have more details.

Even on full frame cameras with quality glass, improving the megapixel count above 12 or so has only improved real detail in the picture by a very, very tiny amount. But that's with huge sensors.

The reason your Ricoh has more croppability is because it uses a dslr-sized sensor and good glad. The megapixel count is not why. Increasing megapixels is a game of diminishing returns when it comes to real detail increase, and those returns have been small since 6mp and very tiny since 12mp.